It's extremely rare when films like the Lord of the Rings trilogy get recognized by the Academy. There are a number of films that get overlooked simply because of their subject matter or genre, despite the fact that they'd arguably have the same level of care, craftsmanship, and quality as other films they decide to pay attention to.

The Academy is painfully out of touch and while I don't think films should be handed a trophy specifically because they made a ton of money, I'd like to see them acknowledge films outside of Oscar-bait dramas with a little more frequency.